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This week, the Canadian Dollar will dance to the tunes of the interest rate decision by the Bank of Canada. A continuation of a neutral policy stance is expected from Bank of Canada Governor Tiff Macklem as Canada’s inflation is softening consecutively. The inflation rate has already decelerated to 5.2% in February as the Bank of Canada monetary policy is restricted enough to tame inflationary pressures.
Last week, Canada’s employment data remained extremely tight. Demand for labor crossed expectations significantly and the Unemployment Rate was trimmed further to 5%. This could put some pressure on the Bank of Canada for reconsidering policy stance.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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